{"id":28674,"date":"2026-07-03T05:30:34","date_gmt":"2026-07-03T05:30:34","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=mutual-funds&#038;p=28674"},"modified":"2026-07-03T05:30:36","modified_gmt":"2026-07-03T05:30:36","slug":"how-to-choose-the-best-sip-plans","status":"publish","type":"mutual-funds","link":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/","title":{"rendered":"How to Choose the Best SIP Plans?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">There are two friends who have started investing in SIP at the same time, but after a period of 5 years, one has created a healthy portfolio while the other is struggling to get an optimum return; however, the investment amount is equal. This is all because the other person is not investing in the Best SIP Plan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In today\u2019s blog post, we will discuss the key factors that can help an investor in choosing the best SIP plans.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#What_is_a_SIP\" title=\"What is a SIP?\">What is a SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#How_to_Choose_the_Best_SIP_Plans\" title=\"How to Choose the Best SIP Plans\">How to Choose the Best SIP Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#Best_SIP_Plans_for_2026\" title=\"Best SIP Plans for 2026\">Best SIP Plans for 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#Common_Mistakes_to_Avoid\" title=\"Common Mistakes to Avoid \">Common Mistakes to Avoid <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#How_to_Invest_in_Mutual_Fund_SIP_through_Pocketful\" title=\"How to Invest in Mutual Fund SIP through Pocketful\u00a0\">How to Invest in Mutual Fund SIP through Pocketful\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/how-to-choose-the-best-sip-plans\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"h-what-is-a-sip\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_SIP\"><\/span>What is a SIP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The systematic investment plan, commonly known as SIP, is a mode of investing in mutual funds. Through SIP, an investor contributes or invests a fixed sum of money regularly in a selected mutual fund. A fixed amount is automatically deducted on the defined date from the bank account of the investor and invested in the scheme.\u00a0<\/p>\n\n\n\n<h2 id=\"h-how-to-choose-the-best-sip-plans\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Choose_the_Best_SIP_Plans\"><\/span>How to Choose the Best SIP Plans<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To choose the best SIP plan, one can follow the steps mentioned below:<\/p>\n\n\n\n<h3 id=\"h-1-identify-your-financial-goal\" class=\"wp-block-heading has-medium-font-size\">1. Identify your financial goal<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Before starting an SIP,\u00a0 one must identify their financial goal and why they want to start a SIP. The common goals in an investor&#8217;s life would be purchasing a house, a retirement corpus, child education, etc.<\/p>\n\n\n\n<h3 id=\"h-2-understand-risk\" class=\"wp-block-heading has-medium-font-size\">2. Understand Risk <\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Every investor has a different risk-bearing capacity; some are comfortable with market movement, whereas others do not want to take risks. And mutual funds have different categories, including equity, debt, hybrid, etc. Therefore, one must choose a category based on one&#8217;s risk appetite.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based on the risk profile investors can be classified into three different categories which are as follows:<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Risk Level<\/th><th>Suitable Category<\/th><\/tr><\/thead><tbody><tr><td>Conservative<\/td><td>Debt and Hybrid Fund<\/td><\/tr><tr><td>Moderate<\/td><td>Large, Mid and Multi Cap Fund<\/td><\/tr><tr><td>Aggressive&nbsp;<\/td><td>Small Cap and Sectoral<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 id=\"h-3-investment-horizon\" class=\"wp-block-heading has-medium-font-size\">3. Investment Horizon<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The duration for which you are investing money must be identified before choosing the best SIP plan. Equity funds are generally suitable for an investment horizon of more than 5 years, and below 5 years, debt and hybrid funds below 5 years.<br>The investment horizon can be categorised into the following categories:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For Short Term: 1 &#8211; 3 Years<\/li>\n\n\n\n<li>For Medium Term: 3 &#8211; 7 Years<\/li>\n\n\n\n<li>For Long Term:\u00a0 More than 7 Years<\/li>\n<\/ul>\n\n\n\n<h3 id=\"h-4-choosing-the-correct-category\" class=\"wp-block-heading has-medium-font-size\">4. Choosing the Correct Category<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Every category in a mutual fund offers different returns, as small-cap funds generally offer higher returns than large-cap funds in the long-run. Therefore, choosing the right category is important for an investor.<\/p>\n\n\n\n<h3 id=\"h-5-evaluate-performance\" class=\"wp-block-heading has-medium-font-size\">5. Evaluate Performance<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It is often said that past performance does not guarantee future return; however, evaluating long-term performance can help an investor in making informed decisions.<\/p>\n\n\n\n<h3 id=\"h-6-evaluating-expense-ratio\" class=\"wp-block-heading has-medium-font-size\">6. Evaluating Expense Ratio<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Expense ratio is a is a annual fee charged by a fund management company to manage your investments. A higher fund management charge can lower your returns. Hence, it is advisable to compare expense ratios among similar categories of funds.<\/p>\n\n\n\n<h2 id=\"h-best-sip-plans-for-2026\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Best_SIP_Plans_for_2026\"><\/span>Best SIP Plans for 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The best SIP plans for 2026 are as follows:<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Funds<\/th><th>Launch Date<\/th><th>Net Assets (Cr)<\/th><th>Base Expense Ratio<\/th><th>1-Yr Return<\/th><th>3-Yr Return<\/th><th>5-Yr Return<\/th><th>Exit Load<\/th><th>Fund Manager<\/th><\/tr><\/thead><tbody><tr><td>HSBC Midcap Fund<\/td><td>2004-08-09<\/td><td>14,249<\/td><td>1.46<\/td><td>18.52<\/td><td>27.03<\/td><td>19.25<\/td><td>1.00 (365)<\/td><td>Cheenu Gupta&nbsp;<\/td><\/tr><tr><td>DSP Natural Resources and New Energy Fund &#8211; Regular Plan<\/td><td>2008-04-25<\/td><td>2,457<\/td><td>1.71<\/td><td>21.18<\/td><td>21.79<\/td><td>16.1<\/td><td>&#8212;<\/td><td>Rohit Singhania<\/td><\/tr><tr><td>HDFC Pharma And Healthcare Fund &#8211; Regular Plan<\/td><td>2023-10-04<\/td><td>2,362<\/td><td>1.72<\/td><td>23.26<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>1.00 (30)<\/td><td>Nikhil Mathur<\/td><\/tr><tr><td>Kotak MNC Fund &#8211; Regular Plan<\/td><td>2024-10-28<\/td><td>2,113<\/td><td>1.75<\/td><td>23.43<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>0.50 (90)<\/td><td>Abhishek Bisen, Harsha Upadhyaya, Dhananjay Tikariha<\/td><\/tr><tr><td>Union Small Cap Fund &#8211; Regular Plan<\/td><td>2014-06-10<\/td><td>2,094<\/td><td>1.75<\/td><td>18.61<\/td><td>19.62<\/td><td>18.09<\/td><td>1.00 (15)<\/td><td>Pratik Dharmshi , Gaurav Chopra<\/td><\/tr><tr><td>Quant Value Fund &#8211; Regular Plan<\/td><td>2021-11-30<\/td><td>1,859<\/td><td>1.77<\/td><td>19.64<\/td><td>24.56<\/td><td>&#8212;<\/td><td>1.00 (15)<\/td><td>Sanjeev Sharma , Ankit A Pande, Sandeep Tandon , Ayusha Kumbhat , Varun Pattani , Sameer Kate , Yug Tibrewal<\/td><\/tr><tr><td>Quant BFSI Fund &#8211; Regular Plan<\/td><td>2023-06-20<\/td><td>784<\/td><td>2.02<\/td><td>18.57<\/td><td>26.65<\/td><td>&#8212;<\/td><td>1.00 (15)<\/td><td>Ayusha Kumbhat , Sanjeev Sharma , Sandeep Tandon , Ankit A Pande , Varun Pattani , Sameer Kate , Yug Tibrewal<\/td><\/tr><tr><td>WhiteOak Capital Pharma and Healthcare Fund &#8211; Regular Plan<\/td><td>2024-02-06<\/td><td>664<\/td><td>2.05<\/td><td>19.67<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>Dheeresh Pathak , Piyush Baranwal , Ramesh Mantri , Ashish Agrawal , Trupti Agrawal&nbsp;<\/td><\/tr><tr><td>Kotak Healthcare Fund &#8211; Regular Plan<\/td><td>2023-12-11<\/td><td>560<\/td><td>2.08<\/td><td>19.95<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>0.50 (30)<\/td><td>Abhishek Bisen , Dhananjay Tikariha&nbsp;<\/td><\/tr><tr><td>Motilal Oswal Active Momentum Fund &#8211; Regular Plan<\/td><td>2025-03-17<\/td><td>469<\/td><td>2.1<\/td><td>24.17<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>1.00 (90)<\/td><td>Varun Sharma , Bhalchandra Shinde , Ajay Khandelwal , Vishal Ashar , Rakesh Shetty&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/best-sip-mutual-funds-in-india\/\">Best SIP Mutual Funds in India<\/a><\/p>\n\n\n\n<h2 id=\"h-common-mistakes-to-avoid\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Common_Mistakes_to_Avoid\"><\/span>Common Mistakes to Avoid <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The common mistakes which one should avoid while choosing the best SIP plan are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Investing without a Financial Goal:<\/strong> If you start an SIP without any specific financial goal, you might end up selecting an incorrect category of fund or scheme. Hence, category and scheme selection should be based on the investment goal.<\/li>\n\n\n\n<li><strong>Chasing only Returns: <\/strong>Chasing only the returns is a common mistake that an investor makes. They often invest in the funds that have given extraordinary returns in the past; however, this should not be the sole criteria for<a href=\"https:\/\/www.pocketful.in\/mutual-funds\"> investing in mutual funds<\/a>.<\/li>\n\n\n\n<li><strong>Portfolio Overlapping:<\/strong> Investors think that starting SIPs in too many funds means better diversification; this is not true. Having too many funds in the portfolio eventually leads to portfolio overlap.<\/li>\n\n\n\n<li><strong>Review<\/strong>: After starting an SIP, very few investors review their portfolio. It is essential to periodically review your SIP portfolio to eliminate non-performing schemes.<\/li>\n<\/ul>\n\n\n\n<h2 id=\"h-how-to-invest-in-mutual-fund-sip-through-pocketful\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Mutual_Fund_SIP_through_Pocketful\"><\/span>How to Invest in Mutual Fund SIP through Pocketful\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Open your Account<\/strong>: If you do not have an account on Pocketful, you will need to <a href=\"https:\/\/www.pocketful.in\/open-demat-account\">open a demat account<\/a>, which is free and has zero account opening charges and zero AMC. The KYC takes maybe 5-10 minutes, PAN, Aadhaar, bank details, and a quick video verification.\u00a0<\/li>\n\n\n\n<li><strong>Look for the Mutual Funds tab<\/strong>: Once you log in to the app, there is a dedicated section just for mutual funds. You can do everything you need, exploring schemes, comparing them, tracking your existing investments\u00a0<\/li>\n\n\n\n<li><strong>Now, pick your fund<\/strong>: Pocketful gives you direct plans. Search for the scheme you have in mind, or browse by category if you are still deciding between large cap, flexi cap, or whatever fits your goals.<\/li>\n\n\n\n<li><strong>Choose SIP, not lump sum<\/strong>: Select the SIP option instead of a one-time payment. Decide how much you want to invest. You can also start with even \u20b9500 a month. Then pick your preferred date and payment method.\u00a0<\/li>\n\n\n\n<li><strong>Set up the E-mandate and Autopay<\/strong>: An e-mandate is basically a standing instruction to your bank, authorising it to auto-debit your SIP amount every month. You will usually do this through UPI Autopay in the app. Now, you do not need to manually pay every month.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/best-apps-for-sip-investment-in-india\/\">Best SIP Apps in India for Investment<\/a><\/p>\n\n\n\n<h2 id=\"h-conclusion\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On a concluding note, to start investing in the best SIP plans, one should not focus on chasing only past returns, and a SIP best for one person may not be right for another; therefore, instead of investment should be based on risk profile, financial goal, investment horizon, etc. of an investor. SIP is a long-term wealth creation tool, and one must review their investment regularly. And before making any investment, one must consult their investment advisor.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/best-thematic-mutual-funds-in-india\/\">Best Thematic Mutual Funds in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/types-of-mutual-funds\/\">Types of Mutual Funds in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/best-long-term-mutual-funds\/\">Best Long-Term Mutual Funds to Invest in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/sip-in-stocks-vs-sip-in-mutual-funds\/\">SIP in Stocks vs SIP in Mutual funds?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/debt-mutual-funds\/\">Debt Mutual Funds: Meaning, Types and Features<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">6<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/how-to-check-mutual-fund-status-with-folio-number\/\">How to Check Mutual Fund Status with Folio Number?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">7<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/best-money-market-mutual-funds-in-india\/\">Best Money Market Mutual Funds in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">8<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/mutual-fund-fees-and-charges\/\">Mutual Fund Fees &amp; Charges in India<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">9<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/top-performing-mutual-funds-10-years\/\">Best Performing Mutual Funds of the Last 10 Years<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">10<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/stock-sip\/\">What Is Stock SIP?<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"h-frequently-asked-questions-faqs\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Can I change my SIP amount?<\/h3><p class=\"saswp-faq-answer-text\">No, you cannot change your SIP amount; instead, you can stop the existing SIP and start another SIP of the revised amount.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which mutual fund is best for SIP?<\/h3><p class=\"saswp-faq-answer-text\">There is no such mutual fund that can be best suited for the SIP. The best mutual fund often depends on the investor\u2019s risk profile, investment horizon, and financial goal.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is it mandatory to have a demat account to start SIP?<\/h3><p class=\"saswp-faq-answer-text\">No, to start an SIP, having a demat account is not necessary.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can I start multiple SIPs in the same fund on different dates?<\/h3><p class=\"saswp-faq-answer-text\">Yes, you can start multiple SIPs in the same fund on different dates. The defined amount will be deducted on the selected date.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the minimum amount required to start an SIP?<\/h3><p class=\"saswp-faq-answer-text\">The minimum amount which an investor required to start an SIP is INR 100. However, the minimum SIP amount varies across schemes and AMCs. Therefore, you need to check with the AMC before starting any SPI.\u00a0<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>There are two friends who have started investing in SIP at the same time, but after a period of 5 years, one has created a healthy portfolio while the other is struggling to get an optimum return; however, the investment amount is equal. This is all because the other person is not investing in the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":28679,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-28674","mutual-funds","type-mutual-funds","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Choose the Best SIP for Your Financial Goals<\/title>\n<meta name=\"description\" content=\"How to choose the best SIP plan for 2026 based on your financial goals, risk profile, and investment horizon. Explore top SIP funds, common mistakes to avoid, and a step-by-step guide to starting a mutual fund SIP.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Choose the Best SIP Plans?\" \/>\n<meta property=\"og:description\" content=\"How to choose the best SIP plan for 2026 based on your financial goals, risk profile, and investment horizon. 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